Friday, January 28, 2011

What is U.S. Secretary of Treasury doing hobnobbing in Davos Switzerland? He's being interviewed on stage by Charlie Rose of PBS fame. Can't they do that right here at home? How does it look to Americans that a high ranking U.S. official and an employee of PBS - BTW, both funded by tax payer money - are going to a meeting which is essentially limited to rich and powerful people? Not sure this is what the framers of our constitution had in mind when they set out to create the new nation.

By the way if you want to read what Mr. Geithner had to say, here's a link. It's not pretty. He essentially doesn't have much to say about how to generate jobs though he's very optimistic about U.S. growth.

Thursday, January 27, 2011

From today's paper: "Oregon's pension and common school funds are entrusting another big chunk of capital to Kohlberg Kravis Roberts & Co., the leveraged buyout giant that has been a longtime, successful and sometimes controversial manager of Oregon pension money since the state's first such KKR investment in 1981."

About Me

For 2 decades, most of it in high tech in the SF Bay region, I've participated in both the creation and destruction of jobs as a result of globalization, profit maximization and boom/bust cycles brought about by speculators. My interest is in encouraging new ideas on how to create sustainable, local, high paying jobs.